Ohio State small business data

Ohio small business statistics

Ohio produced 168,207 business applications in 2025, up 15.5% from 2024 and 77.1% from the pre-pandemic 2019 baseline. The page shows the latest employer-likely application signal, county concentration after adjusting for population, private-sector labor growth, SBA lending, unincorporated receipts, bankruptcy filings, and federal contract demand.

Alex Morgan
Alex Morgan
Updated July 1, 2026 · Source periods vary by dataset
2025 OH business applications168,207+15.5% vs. 2024
Jan-May 2026 applications78,210+13.8% vs. Jan-May 2025
2024 private establishments328,831+14.4% vs. 2019
2024 private-sector jobs4,784,025+1.5% vs. 2019
FY2025 SBA approvals$1.4B3,466 loans
2023 unincorporated receipts$184.7B907,955 returns/forms

Public source files covering Ohio business formation, labor, lending, proprietor income, bankruptcy, and federal contracting.

What the data shows

The topline combines new filing volume, employer-likely application quality, county concentration, labor-market structure, lending, and business stress signals.

1

Ohio logged 168,207 business applications in 2025, up 15.5% from 2024 and 77.1% from the pre-pandemic 2019 baseline.

2

Through May 2026, total applications were up 13.8% from the same months in 2025; high-propensity applications were up 3.7%.

3

Franklin filed 28,573 applications in 2025, the largest county total in Ohio. Franklin also led the high-volume counties after adjusting for population.

4

Professional services added the most private-sector establishments since 2019. Health care and social assistance added the most private-sector jobs.

5

SBA 7(a) and 504 approvals to Ohio businesses reached $1.4B in FY2025 across 3,466 loans, led by accommodation and food services, manufacturing, construction, health care and social assistance, and retail trade.

6

Business bankruptcy cases tied to Ohio counties rose from 574 to 726 in the 12-month period ending March 31, 2026.

New business formation

Ohio business applications reached 168,207 in 2025, up 15.5% from 2024. Through May 2026, applications were running up 13.8% from the same months in 2025.

Business applications by year
Applications filed in Ohio

The long comparison starts before the pandemic reset.

The 2019 comparison uses the last full pre-pandemic year. The shutdown period and the business churn that followed reshaped EIN filing patterns; high-propensity applications totaled 20,214 through May 2026, up 3.7% from Jan-May 2025. Projected business formations within eight quarters rose 33.6% over the same period.

Metric note: Census BFS counts applications for employer identification numbers. Applications are early filings; confirmed operating-business counts arrive later.

Where applications are concentrated

Franklin is the largest application market by raw volume. Among the high-volume counties shown below, Franklin stands out most after adjusting for population.

Applications adjusted for population
Applications per 10,000 residents

Population-adjusted filing volume changes the county read.

The chart uses 2025 Census BFS applications divided by Census Vintage 2025 resident population estimates. Franklin leads both the raw filing count and the population-adjusted rate among the high-volume counties shown below.

Metric note: Census BFS counts EIN applications. The denominator is 2025 resident population, not existing businesses, so this is a scale adjustment rather than a startup conversion rate.

County2025 applicationsChange vs 2024Change vs 2019
Franklin28,573+13.1%+73.0%
Cuyahoga24,617+15.1%+62.9%
Hamilton14,070+7.8%+55.0%
Montgomery8,332+20.8%+89.6%
Summit7,964+15.6%+67.1%
Stark7,435+26.9%+177.0%
Lucas6,102+20.8%+96.8%
Butler4,957+16.2%+68.0%
Warren3,949+13.9%+83.2%
Delaware3,623+9.7%+72.9%
Lorain3,549+16.5%+80.4%
Mahoning2,954+21.4%+78.2%

Jobs, establishments, and wages

In 2024, Ohio had 328,831 private-sector establishments and 4,784,025 private-sector jobs in the QCEW annual file. Establishments changed 14.4% from 2019 to 2024; jobs changed 1.5%.

Establishment growth by industry
Net change, 2019-2024

Professional services is the establishment-growth story.

Professional services added 12,943 establishments from 2019 to 2024. Health care and social assistance added 33,008 jobs over the same period.

QCEW tracks employer establishments. It is the recurring source here for jobs, wages, payroll, and local industry structure.

Industry2024 establishmentsChange vs 20192024 jobsChange vs 2019
Professional services46,940+12,943 (+38.1%)289,145+20,794 (+7.7%)
Health care and social assistance36,422+4,195 (+13.0%)850,252+33,008 (+4.0%)
Accommodation and food services26,876+1,894 (+7.6%)482,564-4,373 (-0.9%)
Other services26,114+2,475 (+10.5%)158,663+1,662 (+1.1%)
Construction26,050+2,645 (+11.3%)249,045+22,482 (+9.9%)
Wholesale trade24,800+723 (+3.0%)239,743+2,736 (+1.2%)
Administrative services21,578+3,476 (+19.2%)293,547-31,658 (-9.7%)
Finance and insurance18,724+1,218 (+7.0%)233,644+6,931 (+3.1%)
Real estate and rental13,459+1,845 (+15.9%)69,624+3,780 (+5.7%)
Information8,561+3,646 (+74.2%)66,186-3,144 (-4.5%)

SBA lending

SBA 7(a) and 504 approvals to Ohio businesses totaled $1.4B in FY2025 across 3,466 loans. The SBA files report 30,720 jobs supported for those approvals.

SBA approvals by sector
FY2025 approved loan dollars

Accommodation and food services drew the most SBA capital.

Accommodation and food services drew $271.0M in FY2025 SBA approvals. manufacturing, construction, health care and social assistance, and retail trade also ranked among the top capital destinations.

SBA fiscal year 2025 ran from Oct. 1, 2024, through Sept. 30, 2025. The source package was current as of April 28, 2026.

SectorFY2025 loansFY2025 approvalsSBA jobs supported
Accommodation and food services419$271.0M5,481
Manufacturing263$185.7M3,240
Construction526$160.7M3,557
Health care and social assistance339$137.8M4,961
Retail trade328$115.3M2,053
Other services334$92.2M2,395
Professional services265$89.6M2,408
Wholesale trade115$67.3M604
Transportation and warehousing350$60.4M1,815
Arts and entertainment147$60.2M1,290
CountyFY2025 loansFY2025 approvalsSBA jobs supported
Franklin485$187.2M5,152
Cuyahoga406$161.0M3,712
Hamilton241$121.2M2,226
Summit219$88.8M2,397
Delaware133$57.5M1,420
Montgomery137$52.9M1,085
Stark146$52.5M1,720
Butler99$50.9M910
Lucas138$46.3M893
Warren91$42.1M910

The unincorporated business economy

IRS SOI data show 907,955 Ohio Schedules C and partnership returns/forms in Tax Year 2023. Those businesses reported $184.7B in gross receipts and $16.5B in the combined income/profit measure.

Sole proprietors account for most returns.

Ohio had 793,807 nonfarm sole-proprietor Schedules C in Tax Year 2023, with $53.6B in gross receipts and $10.2B in net profit.

Partnerships reported more gross receipts.

Ohio partnerships filed 114,148 Forms 1065 in Tax Year 2023 and reported $131.1B in gross receipts.

CountyReturns/formsGross receiptsCombined income/profit metric
Franklin127,278$29.6B$309.7M
Cuyahoga114,779$33.6B$462.8M
Hamilton69,623$19.4B$1.5B
Summit43,943$8.6B$990.6M
Montgomery37,996$5.9B$354.5M
Lucas28,757$6.2B$1.4B
Stark27,825$3.1B$474.0M
Butler26,842$5.8B$513.1M
Delaware22,885$4.7B$683.8M
Warren21,146$3.4B$389.1M

Business stress signals

U.S. Courts F-5A shows 726 business bankruptcy cases tied to Ohio counties in the 12 months ending March 31, 2026, rose from 574 in the prior 12-month period. Chapter 11 cases totaled 277.

Business bankruptcy cases by county
12 months ending March 31, 2026

County bankruptcy rows can move sharply.

Cuyahoga had the largest business-bankruptcy count in the latest F-5A table. County bankruptcy rows can move when related business cases are filed in the same venue, so this table works best as a lead for follow-up reporting.

Definition: U.S. Courts classifies debt as business when the debtor is a corporation or partnership, or when business-related debt predominates.

CountyBusiness cases, 12 months ending Mar. 31, 2026Change vs prior 12 monthsChapter 11 casesAll bankruptcy cases
Cuyahoga182+1271344,587
Franklin136+64883,126
Summit38-2541,508
Hamilton37-1241,831
Delaware28-384240
Montgomery28+1031,266
Stark23+631,089
Butler17+92639
Lucas14-1261,204
Warren14+11334

National credit backdrop

The 2026 Fed Small Business Credit Survey appendix reported that 94% of U.S. employer firms faced a financial challenge in 2025, 38% applied for financing, and 52% of applicants were fully approved.

Federal contract demand

USAspending reports $15.7B in FY2025 federal procurement obligations to recipients located in Ohio. The filter covers procurement awards to OH recipients across award type codes A, B, C, and D.

NAICSFederal procurement categoryFY2025 obligations
561210Facilities Support Services$5.3B
541715Research and Development in the Physical, Engineering, and Life Sciences (except Nanotechnology and Biotechnology)$2.1B
336412Aircraft Engine and Engine Parts Manufacturing$1.2B
324110Petroleum Refineries$624.5M
562910Remediation Services$584.9M
336413Other Aircraft Parts and Auxiliary Equipment Manufacturing$425.0M
541519Other Computer Related Services$405.5M
541712Research and Development in the Physical, Engineering, and Life Sciences (except Biotechnology)$340.2M
236220Commercial and Institutional Building Construction$329.7M
332993Ammunition (except Small Arms) Manufacturing$280.2M

Sources and methodology

The charts and figures on this page come from public source files or APIs. Annual sources use the most recent complete year available; partial-year figures are labeled in the text.

Alex Morgan
By Alex Morgan
Data editor, SMB Statistics

Alex Morgan edits public business datasets for SMB Statistics, including Census, BLS, SBA, IRS, U.S. Courts, Fed SBCS, and USAspending files.